Calculate the budgeted sales price

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The Chair Division operates as a revenue centre and has the following relevant information for a period:

Sales price variance £1000 (U)

Sales volume variance £2000(F)

Net sales volume variance £1200(F)

Budgeted unit contribution margin per unit. £6

  • The actual selling price was £1 less than the budgeted selling price.

Required:

Question (a) Calculate the budgeted sales price.

Question (b) Calculate the actual sales price.

Question (c) Calculate actual unit sales.

Question (d) Calculate budget unit sales.

Question (e) When should a variance be investigated? Explain.

Reference no: EM132543874

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